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Canadian Natural Resources Limited (T:CNQ)

Business Focus: Oil & Gas Exploration and Production (NEC)

This company is also listed in the United States as CNQ on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 2100, 855-2 Street Sw
CALGARY AB T2P 4J8
Tel: N/A
Website: https://www.cnrl.com
IR: See website
Key People
Norman Murray Edwards
Executive Chairman of the Board
Devin C. Lowe
Senior Vice President - Exploitation
Scott G. Stauth
President, Chief Executive Officer, Director
Mark A. Stainthorpe
Chief Financial Officer
Victor C. Darel
Senior Vice President - Finance, Principal Accounting Officer
Troy J. P. Andersen
Senior Vice President - Canadian Conventional Field Operations
Calvin J. Bast
Senior Vice President - Production
Dwayne F. Giggs
Senior Vice President - Exploration
Dean W. Halewich
Senior Vice President - Safety, Risk Management and Innovation
Ronald K. Laing
Senior Vice President - Corporate Development and Land
   
Business Overview
Canadian Natural Resources Limited is a Canada-based independent crude oil and natural gas exploration, development and production company. The Company's segments include exploration and production, oil sands mining and upgrading, and midstream and refining. The exploration and production segment is focused on North America, specifically in Western Canada; the United Kingdom portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The oil sands mining and upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project. Within Western Canada in the midstream and refining segment, the Company maintains certain activities that include pipeline operations, an electricity co-generation system and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.
Financial Overview
For the three months ended 31 March 2024, Canadian Natural Resources Ltd revenues decreased 4% to C$8.24B. Net income decreased 45% to C$987M. Revenues reflect Oil Sands Mining and Upgrading segment decrease of 12% to C$3.58B, Crude Oil - Production - Total decrease of 3% to 74.4M barrels, Oil Equivalent Production (Units/day) - decrease of 1% to 1.2M barrels per day.
Employees: 10,272 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $121,718M as of Mar 31, 2024
Annual revenue (TTM): $35,582M as of Mar 31, 2024
EBITDA (TTM): $16,295M as of Mar 31, 2024
Net annual income (TTM): $7,421M as of Mar 31, 2024
Free cash flow (TTM): $5,132M as of Mar 31, 2024
Net Debt Last Fiscal Year: $11,208M as of Mar 31, 2024
Shares outstanding: 1,068,104,423 as of May 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization